Guar Gum Futures Plunge on Low Demand | PTI
Guar gum futures fell on Wednesday due to weak demand in the spot market and ample supplies. Prices declined by Rs 23 to Rs 10,131 per quintal on the NCDEX.
New Delhi, Feb 12 (PTI) Guar gum prices on Wednesday fell Rs 23 to Rs 10,131 per quintal in the futures market as traders offloaded their holdings in line with a weak trend in the spot market.
On the National Commodity and Derivatives Exchange, guar gum for March delivery fell Rs 23 or 0.23 per cent to Rs 10,131 per quintal in 49,105 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.
On the National Commodity and Derivatives Exchange, guar gum for March delivery fell Rs 23 or 0.23 per cent to Rs 10,131 per quintal in 49,105 lots.
Marketmen said slackness in demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.
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